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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)        
Net sales $ 5,423 $ 6,561 $ 16,584 $ 21,190
Cost of goods sold 2,499 3,041 7,684 8,995
Gross margin 2,924 3,520 8,900 12,195
Operating expenses:        
Research and development 1,544 1,577 4,539 4,922
Selling, general and administrative 1,705 2,006 6,112 7,003
Total operating expenses 3,249 3,583 10,651 11,925
Operating income (loss) (325) (63) (1,751) 270
Non-operating income (loss):        
Interest income 71 41 224 125
Foreign currency transaction gain (loss) (53) (15) 9 107
Total non-operating income (loss) 18 26 233 232
Income (loss) before income taxes (307) (37) (1,518) 502
Income tax (expense) benefit 0 (16) (393) (160)
Net income (loss) $ (307) $ (53) $ (1,911) $ 342
Basic earnings (loss) per share $ (0.03) $ (0.01) $ (0.21) $ 0.04
Diluted earnings (loss) per share $ (0.03) $ (0.01) $ (0.21) $ 0.04
Weighted-average basic shares 9,235 9,020 9,121 8,914
Weighted-average diluted shares 9,235 9,020 9,121 9,065